Minerals & Metals · NT · #70 of 131 disclosed prospectus tickets

NICO Cobalt-Gold-Bismuth-Copper

Summit deal plate

33.1 Mt reserves; FEED

At a glance

Proponent
Fortune Minerals
Capex (as printed)
US$720M
Capex (US$, midpoint)
US$720M
Stage
Advanced / FEED
Location
63.60°N, 116.90°W
Summit deal plate
Yes — in the 167-project prospectus pitched Sept 14–15 2026
Fast-track list
No MPO referral on record
Project location.

Modelled GDP contribution Modelled

Build 2028–2030 at 55% construction value-added, then 15% of capex per year operating. Peak US$132M/yr · cumulative 2026–40 US$1.4B.

US$0MUS$50MUS$100M2026203020352040

Connectivity · nearest existing infrastructure

Straight-line distance from the project point to the nearest vertex of each network layer.

Railway313 km
Major highway1,069 km
Transmission ≥230 kV825 km
Pipeline617 km
PortTuktoyaktuk958 km
Generating stationSite C (1,100 MW)852 km
City >50kPrince George1,128 km

Nearest other projects

Yellowknife Lithium + ConversionMinerals & Metals191 km
Arctic Economic & Security CorridorTransportation216 km
Nechalacho Basal Rare EarthMinerals & Metals275 km
Pine Point Zinc-LeadMinerals & Metals330 km
Taltson Hydro ExpansionPower & Utilities447 km

Also in Northwest Territories

Nechalacho Basal Rare EarthFeasibility / permittingUS$2.1B
Pine Point Zinc-LeadFeasibility / permittingUS$2.0B
Prairie Creek Silver-Zinc (PC Silver)Shovel-readyUS$350M
Yellowknife Lithium + ConversionFeasibility / permittingUS$259M
Mackenzie Valley HighwayAdvanced / FEEDnot disclosed
Arctic Economic & Security CorridorEarly / conceptnot disclosed

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